Number borrowers | 7,171 |
Loan Amount (range) | PKR 25,000 - 150,000 |
Loan Term (range) | 3 - 12 |
Other Services (text summary) | Credit Ins |
Annual Interest & Method | 27.0% annual, Flat |
Fees | 1,050.00-1,800.00 upfront |
Insurance | 0.90% upfront |
Tax | 16.00% fees |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 23.8% - 50.1% |
Fee Component | 1.3% - 14.5% |
Insurance Component | 0.8% - 2.9% |
Tax Component Range | 0.3% - 2.8% |
Full APR (int fee ins tax dep) | 27.2% - 44.7% |
Transparency Index (min/max) | 42 - 99 |
Transparency Index (average) | 86 |
1,184 |
RWF 250,000 - 60,000,000 |
4 - 60 |
Credit Educ, Group Mtgs, Credit Ins, Business Training |
18.0%-24.0% annual, Decl Bal |
2.00% upfront |
0.05%-7.99% upfront |
18.00% fees |
N/A |
19.8% - 51.7% |
2.0% - 5.7% |
0.3% - 4.5% |
0.4% - 1.9% |
22.6% - 30.7% |
32 - 80 |
71 |
Outstanding portfolio (PKR) | PKR 539,513,950.70 |
Portfolio (USD) | USD 5,298,027 |
Active Clients with Loans | 7,171 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 0 |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | x |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 3 |
# Regions for this product | 3 |
Regions Active | Khyber Pakhtunkwa, Punjab, Sindh |
Outstanding portfolio (RWF) | RWF 3,092,489,825 |
Portfolio (USD) | USD 4,832,015.35 |
Active Clients with Loans | 1,184 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | x |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | x |
Credit insurance | x |
Workplace visits | |
Business training | x |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 22 |
# Regions for this product | N/A |
Regions Active |
Currency | PKR |
Minimum loan size | PKR 25,000 |
Maximum loan size | 150,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 0 |
PKR 25,000-50,000 | 30% |
PKR 50,000-75,000 | 30% |
PKR 75,000-150,000 | 40% |
Greater than PKR 150,000 | 40% |
Shortest loan term | 3.0 months |
Longest loan term | 12.0 months |
Approx average | 9.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 20% |
Between 7 and 9 months | 50% |
Between 10 and 12 months | 30% |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | x |
Irregular payments |
Currency | RWF |
Minimum loan size | RWF 250,000 |
Maximum loan size | 60,000,000 |
Loans less than RWF 500,000 | 10% |
RWF 500,000-1,500,000 | 10% |
RWF 1,500,000-2,500,000 | 10% |
RWF 2,500,000-3,500,000 | 10% |
RWF 3,500,000-4,500,000 | 10% |
Greater than RWF 4,500,000 | 10% |
Shortest loan term | 4.0 months |
Longest loan term | 60.0 months |
Approx average | DK |
Loans 3 months or less | 0 |
Between 4 and 6 months | 5% |
Between 7 and 9 months | 5% |
Between 10 and 12 months | 10% |
Between 13 and 18 months | 30% |
Longer than 18 months | 50% |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 27.00% |
Highest quoted nominal interest | 27.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Processing Fee |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 1,050 |
Fixed amount - max | 1,800 |
Reason for variation | for fresh clients -1800, for repeat clients-1050 |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Insurance Fee |
% of loan amount - min | 0.90% |
% of loan amount - max | 0.90% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | Yes |
Percentage of fees | 16% |
All or some fees taxed | Some |
Lowest quoted nominal interest | 18.00% |
Highest quoted nominal interest | 24.00% |
Reason(s) why interest rate varies | Loan Size, Collateral |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Loan Processing Fee |
% of loan amount - min | 2.00% |
% of loan amount - max | 2.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | Excluding VAT |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Credit Life Insurance Premium |
% of loan amount - min | 0.05% |
% of loan amount - max | 7.99% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | Loans <10M pay 1%, loans >10M pay matrix fee |
Appears on Repayment Sched? | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | Yes |
Percentage of fees | 18% |
All or some fees taxed | All |
Loan Amount |
Type of Sample |
Disbursement Date |
Loan Term (Months) |
Grace Period (Months) |
Total Cost of Credit |
Full APR (int fee ins tax dep) |
True Price by Component |
Transparency Index |
Original Repayment Schedule |
MFT Pricing Calculation |
||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Interest price component |
Fee Component |
Insurance Component |
Tax Component |
Deposit Component |
||||||||||
PKR 26,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 5,821.96 | 44.7% | 25.4% | 14.5% | 2.0% | 2.8% | 0.0% | 60 | - | |
PKR 30,000 | Generated | 2015-06-01 | 8.9 months | N/A | PKR 8,393.68 | 35.9% | 24.6% | 8.4% | 1.3% | 1.6% | 0.0% | 75 | - | |
PKR 52,000 | Generated | 2015-06-01 | 8.9 months | N/A | PKR 13,017.84 | 31.7% | 24.6% | 4.8% | 1.3% | 1.0% | 0.0% | 85 | - | |
PKR 70,000 | Generated | 2015-06-01 | 8.9 months | N/A | PKR 16,801.25 | 30.2% | 24.6% | 3.5% | 1.3% | 0.8% | 0.0% | 89 | - | |
PKR 76,000 | Generated | 2015-06-01 | 8.9 months | N/A | PKR 18,062.38 | 29.9% | 24.6% | 3.3% | 1.2% | 0.8% | 0.0% | 90 | - | |
PKR 80,000 | Generated | 2015-06-01 | 11.8 months | N/A | PKR 24,229.17 | 27.7% | 23.9% | 2.4% | 0.9% | 0.5% | 0.0% | 97 | - | |
PKR 90,000 | Generated | 2015-06-01 | 11.8 months | N/A | PKR 26,996.81 | 27.4% | 23.9% | 2.1% | 0.9% | 0.5% | 0.0% | 98 | - | |
PKR 100,000 | Generated | 2015-06-01 | 11.8 months | N/A | PKR 29,764.46 | 27.2% | 23.9% | 1.9% | 0.9% | 0.5% | 0.0% | 99 | - |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | RWF 250,000 | RWF 490,000 | RWF 1,000,000 | RWF 2,000,000 | RWF 3,000,000 | RWF 4,000,000 | |||||
Loan Cycle (1, 2, 3, etc) | 1 | 1 | 1 | 1 | 1 | Not Known | |||||
Disbursement Date | 2012-09-12 | 2012-04-26 | 2012-08-23 | 2012-07-20 | 2012-08-13 | 2012-08-02 | |||||
Loan Term (Months) | 12.0 months | 18.0 months | 12.0 months | 24.0 months | 24.0 months | 24.0 months | |||||
Grace Period (Months) | 0.0 months | 0.0 months | 0.1 months | 0.0 months | 0.0 months | 0.1 months | |||||
Total Cost of Credit | RWF 36,764 | RWF 98,610 | RWF 170,304 | RWF 502,161 | RWF 747,415 | RWF 992,889 | |||||
True Price by Comp | |||||||||||
Interest price component | 19.9% | 19.8% | 23.8% | 19.8% | 19.8% | 19.8% | |||||
Fee Component | 3.9% | 2.7% | 3.8% | 2.1% | 2.1% | 2.1% | |||||
Insurance Component | 1.9% | 1.4% | 2.0% | 0.5% | 0.4% | 0.3% | |||||
Tax Component | 1.1% | 0.7% | 1.1% | 0.5% | 0.4% | 0.4% | |||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 26.8% | 24.6% | 30.7% | 22.9% | 22.7% | 22.6% | |||||
Transparency Index | 67 | 73 | 59 | 79 | 79 | 80 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
Key Statistics | |
---|---|
# Samples: | |
# Products | |
# Institutions | |
# Countries | |
# Borrowers | |
Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
---|---|---|---|---|---|---|---|
X Axis | ||||||
---|---|---|---|---|---|---|
Greater than: | ||||||
Less or equal to: | ||||||
N (# of Samples) | ||||||
Total Borrrowers of Samples | ||||||
Avg | ||||||
Min | ||||||
Max | ||||||
Std Dev | ||||||
By Inst Type | ||||||
By Country | ||||||
X Axis | ||||||
---|---|---|---|---|---|---|
Greater than: | ||||||
Less or equal to: | ||||||
From 0 to | ||||||
to | ||||||
to | ||||||
to ∞ |